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Mortgage rates top 7% — again
AOL· 6 days agoThe average 30-year fixed mortgage rate climbed past 7% this week, hitting 7.03% from 6.94% a week prior, according to Freddie Mac. Rates began to rise after Federal Reserve officials said last ...
Which Generation Has the Most Debt? It’s Not Millennials
Tri-City Herald· 11 hours agoGeneration X, perhaps best known for being overlooked, stands out from the pack in one unfortunate way: debt. By most measurements, Gen X is deeper in debt than other generation. Members of ...
Rural home buyers break from America's housing market trend
Newsweek· 7 days agoThe share of government-supported mortgages aimed at helping home buyers in rural areas rose...
Mortgage demand falters as interest rates rise for the first time in a month
AOL· 7 days agoA key measure of home-purchase applications fell to a three-month low as mortgage rates started to rise again. The Mortgage Bankers Association's (MBA) index of mortgage applications slid 5.7% ...
Surprise: Millennials Have the Lowest Mortgage Rates of Any Generation
US News & World Report· 7 days agoMillennials have the lowest mortgage rates among generations – tied with Gen X at an average of 4% – because they bought homes at historically low interest rates in 2020 and 2021. Millennials ...
Jill On Money: Green shoots for housing inventory
San Jose Mercury News· 2 days agoThe main culprit for surging home prices is lack of inventory in the existing home market, which accounts for 85-90% of overall sales. Through April, the...
Array of mortgages cover hard-to-qualify properties, borrowers
Orange County Register· 6 days agoOnce again, the mortgage world has a huge portfolio of mortgage programs that may get...
Title Insurance or Not, Don’t Dismiss the Value of Title Search | JD Supra
JD Supra· 2 days agoFor those of you who question whether an owner’s policy of title insurance is a waste of money, please remember that examining title is still an essential component of due diligence investigations ...
Big Loans, Big Risks, Big Problems
Ludwig von Mises Institute· 6 days agoConstruction lending juggernaut Bank OZK made news when its shares fell 17% after Citigroup analyst Benjamin Gerlinger wrote in a report that cut his rating to “sell.” Bloomberg reported “Bank ...
Small Business - The Brewton Standard | The Brewton Standard
The Brewton Standard· 6 days agoHigh interest rates have had a significant impact on the financial wellbeing of Canadians for over a year, with many calling for immediate rate cuts. While one-third (32%) of Canadians expect ...
